ABECOR
   HOME
*





ABECOR
The Associated Banks of Europe Corporation (or ABECOR) was founded in 1972 in Brussels by ABN AMRO and three other banks to enhance the Bank's operations in Europe. The association later consisted of the nine banks: * Banque Nationale de Paris * Barclays Bank * Banca Nazionale del Lavoro * Dresdner Bank * Algemene Bank Nederland * * Banque de Bruxelles * Banque Internationale à Luxembourg * Österreichische Länderbank With over $200 Billion in assets, it was supposed to be a major group or banking club in Europe, its main legacy was a joint training centre. The association generally did not live up to the expectations of its member banks, with the exception of the economists, who regularly and intensively exchanged thoughts and were able to tap into sizeable databases and analysis. The banks found that when attempting joint projects the majority were often held back by a stubborn minority. One enduring accomplishment however of the ABECOR cooperation turned out to be ABIN, ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Algemene Bank Nederland
Algemene Bank Nederland (ABN, "General Bank of the Netherlands") was a Dutch bank that was created in 1964 through the merger of the Netherlands Trading Society ( nl, Nederlandsche Handel-Maatschappij, NHM, est. 1824) with the (TB, est. 1861). In 1991, ABN merged with Amsterdamsche en Rotterdamsche Bank (AMRO Bank) to form ABN AMRO. History NHM-TB merger the Netherlands Trading Society and Twentsche Bank announced their merger to form ABN Bank on . An important reason for the merger was the international trend towards concentration. Banks were obliged to scale up their operations. The extensive international network of NTS and the strong Dutch home base of TB, notably in stockbroking and foreign exchange dealing, complemented each other perfectly. Another reason for joining forces was the past involvement of the two banks in developing the textile industry in the Twente region of the Netherlands. NTS had been sharing the running expenses of TB's branch in London (which ope ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Inter-Alpha Group Of Banks
The Inter-Alpha Group of Banks was created in 1971 by six banks in the European Community to provide a platform for the regular exchange of ideas and to explore areas for cooperation between its member banks. The group is a non-hierarchical association and is maintained by mutual agreement with each bank retaining full autonomy and independence. It was one of the banking clubs set up during the 1960s and 1970s when a number of European banks attempted to cooperate at an international level. Function The group's function has evolved to: * Provide a platform for the regular exchange of ideas at the executive and senior management level * Allow specialists to meet and discuss topics of particular interest * Establish areas of cooperation, particularly in international trade * Train bank management through annual Inter-Alpha Banking School and annual Inter-Alpha Banking Management Programme at INSEAD at Fontainebleau near Paris * Create a framework for individual banks within th ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


ABN AMRO
ABN or abn may refer to: Companies * ABN AMRO Group, a Dutch bank group * ABN AMRO, sometimes referred to as "ABN" in shorthand, is a Dutch state-owned bank * Algemene Bank Nederland, a now-defunct Dutch bank Radio, news and television organizations * ABN Andhra Jyothi, a Telugu language news channel based in India * Agri Broadcast Network, an Ohio-based agricultural radio news network * ABN (TV station), the Australian Broadcasting Corporation's Sydney TV station * ABNXcess, the sole cable television operator in Malaysia * Asahi Broadcasting Nagano, a TV station in Nagano Prefecture, Japan * Asia Business News a now-defunct business news channel * Agencia Bolivariana de Noticias, the national news agency of Venezuela * Avivamiento Broadcasting Network, a religious local TV station in Bogotá, Colombia * AMCARA Broadcasting Network, an Philippine-based broadcast company in Quezon City, Philippines Other organizations * Alaska Board of Nursing, the regional board of nurses in t ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Banque Nationale De Paris
BNP Paribas is a French international banking group, founded in 2000 from the merger between Banque Nationale de Paris (BNP, "National Bank of Paris") and Paribas, formerly known as the Banque de Paris et des Pays-Bas. The full name of the group's parent entity is BNP Paribas S.A. With 190,000 employees as of February 2021, the bank is organized into three major business areas: Commercial, Personal Banking & Services (CPBS), Investment & Protection Services (IPS) and Corporate & Institutional Banking (CIB). The group is listed on the first market of Euronext Paris and a component of the Euro Stoxx 50 stock market index, while it also included in the French CAC 40 index. BNP Paribas is the largest banking group in Europe, after HSBC, and ninth largest Banking group in the world, essentially a bulge bracket. It became one of the five largest banks in the world following the 2008 financial crisis. Despite some legal difficulties in 2014, including being fined the largest ev ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Barclays Bank
Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896, twelve banks in London and the English provinces, including Goslings Bank, Backhouse's Bank and Gurney's Bank, Gurney, Peckover and Company, united as a joint-stock company, joint-stock bank under the name Barclays and Co. Over the following decades, Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first Automated teller machine, cash dispenser. Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000 and the North Americ ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Banca Nazionale Del Lavoro
Banca Nazionale del Lavoro S.p.A. (BNL) is an Italian bank headquartered in Rome. It is Italy's sixth largest bank and has been a subsidiary of BNP Paribas since 2006. History Founded in 1913 as Istituto Nazionale di Credito per la Cooperazione, it was nationalized in 1929. It was re-privatized and listed on the Milan Stock Exchange in 1998, before being acquired by French banking group BNP Paribas in 2006. Banca Nazionale del Lavoro began Argentine operations in 1960, ultimately opening 91 branches, before selling its operation there to HSBC Bank Argentina in 2006. In 2016 the company opened a contemporary all glass building for their headquarter: BNL BNP Paribas headquarters. Scandals The bank was involved in a major political scandal (dubbed Iraqgate by the media) when it was revealed in 1989 that the Atlanta, Georgia, branch of the bank was making unauthorized loans of more than US$4.5 billion to Iraq. Many of the loans that the branch made were guaranteed by the Un ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Dresdner Bank
Dresdner Bank AG was a German bank and was based in Frankfurt. It was one of Germany's largest banking corporations and was acquired by competitor Commerzbank in May 2009. History 19th century The Dresdner Bank was established on 12 November 1872 through the conversion of the private banks Michael Kaskel and Bernhard Gutmann. The Dresdner Bank founding consortium consisted of Allgemeine Deutsche Creditanstalt (Leipzig), Berliner Handels-Gesellschaft (Berlin), Deutsche Vereinsbank (Frankfurt am Main), Deutsche Effecten- und Wechselbank (Frankfurt am Main) and Anglo-Deutsche Bank (Hamburg) with an initial capital of 8 million Thalers (24 million Marks) and 30 employees in Wilsdruffer Strasse in Dresden. From 1872 until his retirement in 1920, (1840-1925) was chairman of the board. In the 1870s, the Dresdner Bank acquired smaller regional institutes and several banks. The new branch in Berlin quickly exceeded the office in Dresden; therefore, the registered office moved to Ber ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Banque De Bruxelles
Bank Brussels Lambert (BBL, french: Banque Bruxelles Lambert) was a Belgian bank that was created through merger in 1975 and became part of ING Group in 1998. It provided retail and commercial banking services to individuals and businesses in Belgium, together with related financial products such as insurance and asset management. It was formed by the merger of two existing Belgian banks ''Banque de Bruxelles'' and ''Banque Lambert'' in 1975 making it at that time the second largest Belgian bank. It was sold to ING Group in 1998 who renamed the subsidiary in 2002 ING Belgium. History Banque de Bruxelles Banque de Bruxelles was founded in 1871 and grew steadily over the ensuing six decades, acquiring interests in other banks in Belgium's major cities. In 1931, these interests were combined in a single business which operated in traditional banking and in the management of industrial concerns based mainly in Belgium and Africa. Following the reform of the Belgian banking sector in ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Banque Internationale à Luxembourg
Banque Internationale à Luxembourg S.A. (BIL, "International Bank in Luxembourg") is the oldest private bank in Luxembourg. It offers commercial and corporate banking services. Since 2018, it has been majority-owned by China-headquartered Legend Holdings. History Founded in 1856, the bank was a major bank of Luxembourg. Like other banks in the German Confederation, BIL issued banknotes in multiple currencies including the Belgian franc, Dutch guilder, Prussian thaler, and Rhineland thaler. In 1914, the BIL’s notes became legal tender in Luxembourg. Starting in 1976, BIL acquired the Luxembourg subsidiary of Belgium's Banque Lambert, initially founded in 1961 as , and fully absorbed it in 1979. In 1982, it opened a subsidiary in Singapore. In 1983, Groupe Bruxelles Lambert and Pargesa Holding, both controlled by Belgian financier Albert Frère, in turn acquired minority stakes in the equity of BIL. In 1991, Crédit Communal de Belgique acquired 25 percent of the capital of B ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


European Financial Services Roundtable
The European Financial Services Round Table (EFR) brings together chairmen and chief executives of leading European banks and insurance companies. The purpose of the EFR is to contribute to the European public policy debate on issues relating to financial services and to the financial stability with the completion of the single market in financial services. Paul Achleitner is Chairman of the EFR. The EFR is also engaged in the lessons to be drawn from the financial crisis to render the financial system more resilient. The EFR deals in particular with the global G20 agenda, regulation and supervision, consumer protection and pensions. Current priorities are the Growth & Investment Agenda, the Digital Agenda & Cyber Security, Sustainable finance & Climate Change, Prudential Regulation The EFR has published, inter alia, positions, reports and press releases on those priority issues as well as on a wide range of topics such as European retail market, G20 agenda, the integration of pensi ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]